(BrightBros) Bright Bros complete technical analysis [charts+indicators] | Buy/Sell Bright Bros | (BrightBros) share price targets
Complete technical analysis of Bright Bros (BrightBros) by charts plus indicators, forecast predictions and share price targets for Bright Bros (BrightBros)
Showing technical analysis as on 2023-02-01 View latest technical analysis
10 day averaged volume of Bright Bros is 1546
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 163.10 | 157.05 | 168.40 | 157.00 | 1.002 times |
| 31 Tue Jan 2023 | 162.00 | 166.85 | 166.85 | 157.10 | 0.803 times |
| 30 Mon Jan 2023 | 156.35 | 167.95 | 167.95 | 155.00 | 0.939 times |
| 27 Fri Jan 2023 | 163.90 | 166.50 | 166.50 | 155.40 | 0.274 times |
| 25 Wed Jan 2023 | 164.10 | 169.00 | 169.00 | 162.10 | 1.067 times |
| 24 Tue Jan 2023 | 163.80 | 168.60 | 170.00 | 162.60 | 1.904 times |
| 23 Mon Jan 2023 | 168.60 | 170.05 | 170.05 | 166.50 | 0.876 times |
| 20 Fri Jan 2023 | 170.05 | 171.95 | 171.95 | 167.70 | 2.052 times |
| 19 Thu Jan 2023 | 166.85 | 165.20 | 169.00 | 165.20 | 0.352 times |
| 18 Wed Jan 2023 | 168.00 | 173.00 | 173.00 | 167.30 | 1.023 times |
My analysis of stock is bearish for shortterm, and stock might move down till 161 or till 156.7. Use a stoploss of 164.6 and if the stock hits stoploss, then it can shoot up till 168.21
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 155.00 |
| Upside Target | 168.40 |
| Upside Target | 170.00 |
| Upside Target | 170.05 |
| Upside Target | 172.00 |
| Upside Target | 177.00 |
| Upside Target | 183.90 |
| Upside Target | 185.00 |
| Upside Target | 192.95 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 155.93 |
| Downside Intraday Target | 148.77 |
| Upside Intraday Target | 169.33 |
| Upside Intraday Target | 175.57 |
| Downside Intraday Target | 162.17 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 163.10 | 167.95 | 168.40 | 155.00 | 0.666 times |
| 27 Fri Jan 2023 | 163.90 | 170.05 | 170.05 | 155.40 | 0.805 times |
| 20 Fri Jan 2023 | 170.05 | 169.30 | 185.00 | 163.35 | 0.35 times |
| 13 Fri Jan 2023 | 169.30 | 166.10 | 170.00 | 155.80 | 1.587 times |
| 06 Fri Jan 2023 | 161.20 | 172.00 | 172.00 | 160.00 | 2.017 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Bright Bros (BrightBros)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 163.10 | 157.05 | 168.40 | 157.00 | 0.029 times |
| 31 Tue Jan 2023 | 162.00 | 172.00 | 185.00 | 155.00 | 0.744 times |
| 30 Fri Dec 2022 | 166.50 | 170.00 | 183.90 | 155.10 | 0.763 times |
| 30 Wed Nov 2022 | 170.30 | 162.05 | 177.00 | 159.95 | 1.444 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Bright Bros (BrightBros)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 14, 1 | Buy |
| MACD | -2, -1 | Sell |
| Stochastics | 24 | Sell |
| CCI | -55 | Buy |
| RSI | 49 | Sell |
| OBV | 1928 | Sell |
| VWAP | 165 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bright Bros ( (BrightBros) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bright Bros ( (BrightBros) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bright Bros ( (BrightBros) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bright Bros ( (BrightBros) ) based on a mid to longer term time period is
ADX buy sell signal for Bright Bros stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bright Bros Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bright Bros in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bright Bros is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 165.12 and Bright Bros (BrightBros) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Bright Bros (BrightBros) stock. Volume based technical analysis of Bright Bros (BrightBros) stock is negative.
Bright Bros Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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